Political Quotes

I sincerely believe our central bank's actions have provided critical support for our Nation's economic recovery.

Banks are not going to lend out the reserves at a rate lower than they can earn at the Fed.

an increasing share of losses have arisen from prime mortgages that were originally fully documented with significant downpayments, but have defaulted due to the weak economy and housing markets.

Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it likes.